dYdX updates roadmap to bring faster trading and better user experience

The trading platform for decentralized perpetual contracts DYDX has updated its short-term roadmap which details details focused on speed improvement and user experience as well as the deployment of new commercial features.

According to its short term (two months following) Roadmap updateDydx (Dydx) plans to improve the stability of its website during periods of high commercial activity by reducing downtime, outdated data and flow constraints. In addition, the platform will facilitate and faster the deposit and withdrawal process, allowing users to access their funds on the DYDX channel in less than a minute, compared to the typical wait18 + minute wait. The frontal interface of the website will also be reworked to load it new faster features offered by competitors, such as reduction limit orders, scale orders and Twap commands. Finally, the platform will publish bihebdomedar development and deployment notes to keep the community up to date on progress.

Once these updates have been implemented, dydx plans to publish a detailed roadmap for the rest of the year. They presented an overview of the potential developments that the long -term roadmap will include. These include the expansion of digital asset offers (including pre-launched assets and active active ingredients), the integration of oracles to provide better price flows, integration of Ethereum, facilitating automated trading via tools like Hummingbot and CCXT, as well as the introduction of reward programs.

Currently, Dydx is mainly aimed at professional merchants who need deep liquidity, support for algorithmic exchanges and lever -effect negotiations of perpetual contracts. However, in their announcement of the roadmap update, the platform said it wanted to attract more retail investors. To this end, the company recently published a new rationalized mobile application. In the future, it plans to integrate into the main portfolios and other third -party applications to make DYDX available to more users.

Updating the roadmap occurs upgrade of the Dydx channel to version 8.0which was decided during a community vote. The upgrade has introduced “authorized keys” to give traders more control over their accounts and has allowed the abolition of inactive markets to maintain the rationalized platform.

Powered by the latest roadmap update, the Dydx token, which can be marked out and used for governance, is negotiated at $ 0.59, up 8% in the last 24 hours, with the $ 22,762,2,762,737 negotiation volume.